iShares Bitcoin Trust ETF $IBIT Shares Acquired by PPSC Investment Service Corp

PPSC Investment Service Corp lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 11.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 698,688 shares of the company’s stock after purchasing an additional 72,688 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 2.0% of PPSC Investment Service Corp’s portfolio, making the stock its 6th biggest position. PPSC Investment Service Corp’s holdings in iShares Bitcoin Trust ETF were worth $33,069,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. NEOS Investment Management LLC grew its position in iShares Bitcoin Trust ETF by 55.4% in the 2nd quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock valued at $180,584,000 after buying an additional 1,933,888 shares during the last quarter. Walleye Capital LLC raised its position in iShares Bitcoin Trust ETF by 332.4% during the 1st quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after buying an additional 3,319,115 shares during the last quarter. Pine Ridge Advisers LLC raised its position in iShares Bitcoin Trust ETF by 0.7% during the 1st quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock worth $86,208,000 after buying an additional 16,447 shares during the last quarter. Wealthfront Advisers LLC raised its position in iShares Bitcoin Trust ETF by 20.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 1,760,650 shares of the company’s stock worth $58,612,000 after buying an additional 300,119 shares during the last quarter. Finally, SigFig Wealth Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth $73,942,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $45.70 on Wednesday. The company has a fifty day moving average of $45.52 and a 200-day moving average of $41.69. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year high of $65.97.

iShares Bitcoin Trust ETF Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.